I think both pro and anti will all agree that Bitcoin has no *intrinsic* value in a vacuum. A Bitcoin is only worth the value others place on it. That value is derived from its scarcity and the "decentralized" network. Anyone holding Bitcoin is hoping that somehow, through some magical intervention, a large majority of the world begins to value the scarcity and decentralized network SO MUCH THAT THEY ARE WILLING TO PAY 100K PER BITCOIN TO GET IT. Doubtful without regulatory capture. Can price go there? Sure. Does it have any value? Not beyond anything to trade.
Here you go buddy, *Pat on the back* It can be easy to say something like that when the markets are red can it? What if everyone said that about every stock when the markets turn red? Do you see where I am going with this? Because what makes us good traders, is looking beyond what the market is doing and looking at the overall picture. That's what separates the losers from the winners, and the men from the boys. The markets take advantage of weak minds, so it's best to let the market do the talking. But I admire your alertness to what is happening at the present moment. You're definitely a thinker
Imagine what price it could reach if investors treat it like diamond!!! Oh wait, the diamond market is a sham, my bad...
Again, *Pat on the back* *Pat on the back* Your mother definitely didn't raise no fool. And I'm with you buddy, it would be cool as hell if it went to 20. But it won't. All the beautiful days of buying at 20 are history. It's time to bargain with the market at maybe 40. 35 would be even better. But keep watching your guru videos, I see they've helped you with your predictions, you just have the wrong outcome. But keep practicing. See you later little buddy!